January 05, 2017
Sympla, Brazil’s leading Do-It-Yourself (DIY) ticketing and event management platform announces the acquisition of Eventick, Brazil’s second largest DIY ticketing platform. The move consolidates Sympla’s leadership in the market and expands the company’s territorial reach. It also reinforces its presence in major capitals such as São Paulo, Rio de Janeiro and Recife.
“This operation is a landmark in the growth trajectory of Brazil’s ticketing platform market", said CEO Rodrigo Cartacho. “It will broaden our reach to event organizers and participants around the country offering a modern, simple, agile and reliable experience in ticketing and event management”, completed.
In 2016, Sympla reached $35 million in online sales -- a 180% growth over last year. The number of events and active organizers grew by the same pace, reaching over 58,000 and 18,000, respectively. The company aims to increase revenues by 150% in the next year, with investments in mobile and new branches. Last June, Sympla received $4 million in its first round of funding from Movile, a global leader in mobile commerce.
Sympla is a rare case of a bootstrapped startup in the Brazilian market. It broke even very early and for more than 4 years grew above market levels without VC investments. In this period, it has become the platform with the most events for sale in Br azil. Last month, it r eached a record of 5,500 experiences available in a single day in hundreds of different cities in Brazil and sold an average of 10 tickets per minute. There is a wide range of attractions available, from great shows and sports events to parties, congresses, courses and networking meetings.
“With the growth and engagement we’re seeing in Brazil, I would say Sympla is well on its way to becoming a leader in Latin America soon, like Movile and other products and services we offer”, said Fabricio Bloisi, CEO and founder of Movile.
The company’s self-service platform allows any user to create and fully manage their events. With freedom and agility, the organizers can create a customized page, have smart control of buyers, sell digital and physical tickets and check-in participants. The platform allows users to manage all sales channels in an integrated way and keep track of results through real-time reports. The company also offers customized solutions for medium and large events through their Sympla Pro services.
Founded in 2012 by Rodrigo Cartacho, Marcelo Cartacho and David Tomasella, Sympla uses technology to create a simple and reliable ticketing and event management experience. Headquartered in Belo Horizonte, it is the largest online platform for events in Brazil, with almost 90,000 events and 20,000 active organizers. It has more than 100 employees and offices in six capitals around the country.